Philadelphia Business Journal
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Kannalife Sciences Receives $1.5M Award from Michael J. Fox Foundation for Parkinson’s Treatment
The Michael J. Fox Foundation has awarded a $1.5 million grant to Doylestown-based Kannalife Sciences, writes John George for the Philadelphia Business Journal. This…
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Center City Building Sold at Deep Discount for $11.5 Million
The 15-story Center City building at 1760 Market Street recently sold at a deeply discounted price of $11.5 million to an undisclosed private investor, writes…
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American’s Most Exclusive Lounge Is Coming to Philadelphia International Airport
There are two new American Airlines lounges opening next year at Philadelphia International Airport. One of those will be American’s Flagship Lounge, the most exclusive…
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Philadelphia-based Sports Startup With Backing from Actor Freddie Prinze Jr. Launches New App
MyFandom, a Philadelphia-based startup recently launched its app, and it has received backing from Hollywood actor Freddie Prinze Jr., writes Ryan Mulligan for the Philadelphia…
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Drexel’s John Fry to Be Named New President of Temple University
John Fry, who has led Drexel University as its president for 14 years, will be stepping down to become the next president of Temple University,…
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Philadelphia Software Startup Crossbeam Merges With Paris-based Reveal
Philadelphia-based software-as-a-service startup Crossbeam has merged with its Paris-based competitor, Reveal, writes Ryan Mulligan for the Philadelphia Business Journal. The combined company will maintain its…
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Apartments in Philly Are Shrinking, Which Can Have a Major Impact on the City’s Demographics
The average size of Philadelphia apartments are among the smallest in the nation, and are projected to become even smaller with the current pipeline of…
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Large Self Storage Facility Planned for Northeast Philadelphia
Asset Realty and Construction, a Brooklyn-based developer, is planning to construct a new four-story self storage facility in Northeast Philadelphia, writes Ryan Mulligan for the…
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GY Properties Opens First Phase of 500-Unit Apartment Development Project Near the Delaware River
GY Properties, a Philadelphia-based developer, has significantly expanded its footprint in Fishtown by opening the first phase of its latest project near the Delaware River,…
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Longtime CEO of Montgomery County-based Redeemer Health Set to Retire in July
Michael B. Laign, the longtime CEO of Montgomery County-based health system Redeemer Health, is retiring next month, writes John George for the Philadelphia Business Journal.…
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PIDC Plans 40-Acre Biotech Campus on Schuylkill Riverfront
PIDC is moving forward with plans to develop a 40-acre modern biotechnology manufacturing campus two years after beginning its search for a partner, writes John…
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Former Philadelphia Flyer Chris Therien Helps Others Through the Pennsylvania Recovery Center
Former Philadelphia Flyer Chris Therien has charted a new path for himself as part-owner and chief wellness officer at the new Pennsylvania Recovery Center site…
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American Red Cross Center City Building Goes Up for Sale, Conversion Likely
A five-story Center City West office building currently owned by American Red Cross is going up for sale, writes Paul Schwedelson for the Philadelphia Business…
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Malvern-Based Annovis Bio to Focus Future Development of Its Experimental Drug on Early Alzheimer’s Patients
Malvern-based Annovis Bio plans to focus on patients who have the early form of Alzheimer’s disease in the future development of its experimental treatment for…
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Jason and Travis Kelce Are Now the Proud Owners of Garage Beer
Jason Kelce is not sitting still in retirement. Jason and his brother Travis have teamed up to become “significant’ owners and operators of Ohio-based Garage…
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Philadelphia Developers Purchase Two Old City Buildings in Joint Venture
Lubert-Adler Real Estate Funds and Keystone Development and Investment, two Philadelphia developers, are finalizing a deal to purchase two Old City buildings, writes Paul Schwedelson…
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Wawa Begins in the Midwest With It Largest Expansion Ever
Wawa’s largest expansion has begun. The Delaware County convenience store chain broke ground for its first stores in Kentucky, Ohio and Indiana this month and…
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Turn 7 Owner Seeks to Bring More Discount Retail Stores Throughout Greater Philadelphia
Rick Forman, founder of discount retailer Turn 7 and local discount chain Forman Mills, is looking to expand the brand’s footprint in the Greater Philadelphia…
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